Nike and LVMH Took China for Granted—and Both Stocks Are Paying the Price
Fashion giants on both sides of the Atlantic are underestimating the Chinese shopper at their own peril.
Fashion giants on both sides of the Atlantic are underestimating the Chinese shopper at their own peril.
The CAC 40 Index has been under pressure recently, falling for eight consecutive weeks, and reaching its lowest level since March this year. It has moved into a local correction after falling by 10% from its peak.
Trends that made luxury companies like LVMH such a brilliant investment over the past 20 years are fading.
LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY - Get Free Report)'s stock price hit a new 52-week low on Tuesday. The company traded as low as $89.54 and last traded at $89.5550, with a volume of 20029 shares traded. The stock had previously closed at $90.96. Analyst Upgrades and Downgrades A number of research firms have
LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY - Get Free Report) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 51,677 shares, a decline of 54.4% from the August 31st total of 113,262 shares. Based on an average daily volume of 1,141,104 shares, the
The creation of the new controlling entity comprises a public tender offer for the shares of Christian Dior the Arnault family doesn't own, valued at around $1.84 billion based on Thursday's prices.
Under the plan, Bernard Arnault's Financiere Agache will take control of LVMH after holding company Christian Dior SE is delisted.
The family of French billionaire Bernard Arnault unveiled a plan to simplify the shareholding structure of the luxury group LVMH through Christian Dior , which also belongs to the family, a Dior statement said on Wednesday.
In a June court filing, luxury-goods giant LVMH LVMH.PA forcefully denied it had ever tried to acquire shares in rival Hermès HRMS.PA from that company's founding-family heir Nicolas Puech, who alleges he was fleeced of his 6% stake – now worth billions – through schemes involving his late wealth manager.
Cosmetics group L'Oreal became France's most valuable listed company on Tuesday, surpassing Louis Vuitton owner LVMH as high-end luxury companies remain under pressure after years of slowing sales and lacklustre earnings.
American pop star Beyonce has acquired full control of the SirDavis whisky brand after French luxury goods group LVMH sold its stake to her, LVMH said on Monday, confirming earlier media reports in specialist trade publications.
LVMH Moët Hennessy - Louis Vuitton, Société Européenne remains a Buy as valuation offers an attractive discount with strong re-rating potential once macro conditions improve. LVMHF delivered solid H1 performance with €8.7B recurring profit, 22.5% margin, and €4.1B FCF, despite macro headwinds and segment-specific pressures. Macro risks, including Middle East conflict and consumer weakness, persist, but LVMHF's financial strength and diversified portfolio support resilience and ongoing dividend payments.
LVMH reported stabilizing results from the first half of 2026. Growth improved further in Q2. The fashion business finally returned to positive organic growth in Q2, signaling stabilization after LVMH's performance in luxury fashion has been weak. Most smaller segments also showed good momentum, led by strength in champagne sales, Tiffany & Co., and Sephora.
LVMH sales for the first semester grew to €38.6 billion with an accelerated growth in the second quarter of 3%. Despite a fragile luxury sector, the group experienced strong growth in various segments, including its watches and jewelry division, selective distribution (which includes specialty retailer Sephora and French department store Le Bon Marché), and fashion and leather goods segment.
LVMH shares swung sharply on Tuesday, rising as much as 2% before reversing course to trade 2.56% lower after the luxury group reported second-quarter sales growth broadly in line with expectations. The results offered an important test of whether the $400-billion luxury sector is decisively emerging from a two-year downturn.
Shares in LVMH were seen falling 2% to 3% in premarket on Tuesday, after the French luxury giant reported overnight second-quarter sales that failed to convince investors about an imminent recovery at its most profitable division.
Tiffany & Co. is proving it's a good investment. LVMH reported a 9% growth in its watches and jewelry division, led by Tiffany and Bulgari.
Investors have long sought greater clarity on who will eventually succeed Arnault, 77, after nearly four decades at the helm of the luxury conglomerate.
The French luxury-goods conglomerate reported sales of $22.20 billion for the second quarter, offering signs of relief for the European luxury sector.
Luxury giant LVMH reported a rise in quarterly sales on Monday as strong demand in the United States helped offset weaker spending in Europe and the Gulf due to the Iran war.